Plan Ledger DOL Form 5500 · updated monthly

Silvercrest Asset Management Group LLC401(k)

SILVERCREST ASSET MANAGEMENT GROUP LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Silvercrest Asset Management Group LLC reported $2,600 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $739 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.005%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,191st-largest of 5,648 plans among New York employers on file, and the 1,449th of 4,798 in finance & insurance. In 2024, employees put in $18.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,562,040
Participants with balances133
Active participants159
Employer contributions$117,548
Employee contributions$2,148,369
Employer contribution per active participant$739
Average account balance$455,354
Benefits paid to participants$1,688,577
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COPPERMAN & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$60.6M · 133 accts · $118K emplr
2023$52.4M · 138 accts · $84K emplr
2022$43.3M · 132 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,600
Total administrative$2,600
The Silvercrest Asset Management Group LLC 401(k) match · 2024
Employer contribution per active participant$739
Median for plans this size$3,635
2024$739 per active participant
2023$558 per active participant
2022$611 per active participant

Silvercrest Asset Management Group LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,600 · 0.00%
2023$2,125 · 0.00%
2022$2,175 · 0.00%
Same employer
Similar plansFinance & Insurance · New York
Goldberg Lindsay & Co. LLC NY$61.8M · 0.14%
The National Australia Bank NY$61.0M · 0.05%
Zocdoc, Inc. NY$60.0M · 0.23%
Continental Grain Company NY$59.8M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 134194623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.